The State of Solana NFTs

The NFT market comprises a mélange of ecosystems that have co-existed for quite a while now. In this multi-chain universe, ecosystems are competing for fiercely contested market shares that would give them an edge over their rivals.

Given the recent spotlight on the successfully activated “Merge,” the Ethereum ecosystem has distinctly colored the lens through which market participants are viewing the NFT market. However, excessive fetishizing of this corner of the market runs the risk of brushing aside seminal breakthroughs occurring elsewhere in the market.